Building Bergen

Winne Banta sponsored our fifth successful Building Bergen program.  This program, “Bergen County:  A Center for Food Manufacturing and Distribution,” included speakers Kathleen Alexander of Sax LLP, Joe Lorenzo of the Lorenzo Food Group, Brian Todd of The Food Institute and Karen Toufayan of Toufayan Bakeries.  We also included our first-ever Food Court including a sampling of Bergen County’s food manufacturers and distributors.  Thanks to our other sponsors:  Berkshire Hathaway HomeServices Abbott Realtors, Sax LLP, County of Bergen, Bergen Community College and Bergen Biz.

Bank Advisory Board

Bruce Rosenberg has been appointed as an advisory board member to SB One Bank, which is a newly merged bank of Sussex Bank and Community Bank of Bergen County.

Bruce Rosenberg closed on the sale of a national cookware company

Bruce Rosenberg closed on the sale of a national cookware company and its corporate headquarters.  The transaction involved the negotiation of the asset sale agreement and real property sale agreement, as well as a non-compete agreement, consultancy agreements and loan financing documents.

Joseph Basralian assisted five entities of the Devli Group

In recent months, Joseph Basralian assisted five entities of the Devli Group (Hackettstown Commerce Center I LLC; Hackettstown Commerce Center II LLC; Hackettstown Commerce Center III LLC; Hackettstown Commerce Center IV LLC; and Hackettstown Commerce Center V LLC) purchase five separate parcels of land constituting Hackettstown Commerce Park from five Hampshire entities located in Hackettstown, NJ.  Financing was provided by Lakeland Bank.  In addition, a new Devli entity (Mt. Bethel 150 LLC) purchased another industrial park in Warren, New Jersey from another Hampshire entity, with financing from Lakeland Bank.